NEW YORK Hedge fund Snow Park Capital Partners has taken a 4.6 percent stake in Ashford Hospitality Prime Inc, according to a person familiar with the matter, and plans to push the company to move more quickly with a stock buyback plan.
Snow Park becomes the second activist to target Ashford Hospitality Prime, which has been under attack from hedge fund Sessa Capital.
23:47 Average premiums for popular ACA plans rising 25 percent10
23:46 Some Health Plan Costs to Increase by an Average of 25 Percent, U.S. Says11
21:31 Time Warner jumps after hours on report it could sell for $110 per share to AT&T1
11:26 Canadian fund Caisse buys $155 million stake in Indian logistics firm2